27 Ritch DrRidgefieldCT06877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ridgefield at 27 Ritch Dr, Ridgefield, CT, 06877 at $949,500 posts ROI 20.88% with $213/mo cash flow from $6,664/mo rent. Total monthly income equals $6,664/mo, and annual cash flow records $2,555/yr on $312,386 to close. Return on cash invested measures 20.88% and rental yield reads 8.42% at the current $949,500. Equity gained on principal adds $6,127/yr, and 5% annual appreciation supports $262,329 by year five. Five-year ROI prints 108.8% and total cumulative return in cash totals $339,865.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,664/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06877, Ridgefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,449 (100%) |
| Owner Occupied HU | 7,528 (79.7%) |
| Renter Occupied HU | 1,463 (15.5%) |
| Vacant Housing Units | 458 ( 4.8%) |
| Median Home Value | $836,048 |
| Average Home Value | $925,612 |
Housing Distribution
Address Breakdown
Residential
9,479
Single Family
8,784
Multi-Family
695
Businesses
990
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Drew Slack • ERA Insite Realty Services
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088262
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.